Question

Sanjay purchased 125stools at the rate of ₹120 per stools. The transport expenditure was ₹250.he paid octroi at the rate of₹2 per stool and coolie charges were ₹250.what should be the selling price of each stool,if he wants a profit of 10per cents?

Answer 1

Total CP =(120*125)+250+(2*120)+250
=15740
so SP=
$\frac{100 + p\%}{100} \times cp$
=
$\frac{110}{100} \times 15740$
=17314